The FinTech Hub
Source: Live Mint Australia has banned all DeepSeek AI services from government systems and devices, citing national security risks. The decision makes Australia one of the first nations to take direct action against the Chinese artificial intelligence start-up, which has rapidly gained global attention. Home Affairs Minister Tony Burke announced the ban on Tuesday, stating…
Source: Live Mint Taiwan has prohibited all government agencies and critical infrastructure providers from using AI technology developed by Chinese startup DeepSeek, citing security risks. The island’s Ministry of Digital Affairs issued a statement on Friday, warning that DeepSeek’s operations pose threats such as cross-border data transmission and potential information leaks. DeepSeek gained global attention…
Source: Live Mint Chinese AI startup DeepSeek has challenged the dominance of top AI companies with its latest large language models, which offer similar performance to the latest offerings from Meta or OpenAI, but at a fraction of the cost. DeepSeek’s free app has also taken over ChatGPT on Apple’s App Store in several regions…
Source: Live Mint What exactly is DeepSeek? DeepSeek is a Chinese startup founded in 2023 by Liang Wenfeng, the chief of AI-driven quant hedge fund High-Flyer. The company develops open-source AI models, and its eponymous mobile app surged to the top of the iPhone’s download charts in the US after its release in early January….
Source: Live Mint Mr Trump’s hosting the next day of the launch of “the largest AI infrastructure project in history” shows he grasps the potential. But so does the rest of the world—and most of all, China. Even as Mr Trump was giving his inaugural oration, a Chinese firm released the latest impressive large language…
